Justice Orders Termination Of Completed Liquidation Proceeding

(March 14, 2016, 1:26 PM EDT) -- SCHENECTADY, N.Y. — A New York justice on Feb. 23 ordered the closure of a liquidation proceeding that had begun in 1995 (In the Matter of the Liquidation of United Community Insurance Company, No. 1270/94, N.Y. Sup., Schenectady Co.).

(Order available. Document #10-160325-010R.)

Justice Frank B. Williams of the Schenectady County Supreme Court ordered the rehabilitation of United Community Insurance Co. on July 7, 1994. Justice Williams ordered United Community into liquidation on Nov. 9, 1995. The state’s superintendent of insurance was appointed as liquidator....